My Learning Cart
?
Categories
Account

Which of the following costs is considered a sunk cost?

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: Which of the following costs is considered a sunk cost?

Options:

  1. Future marketing expenses
  2. Past research and development costs
  3. Current production costs
  4. Future labor costs

Correct Answer: Past research and development costs

Solution: 

Sunk costs are past costs that have already been incurred and cannot be recovered, such as past research and development costs.

Which of the following costs is considered a sunk cost?

Practice Questions

Q1
Which of the following costs is considered a sunk cost?
  1. Future marketing expenses
  2. Past research and development costs
  3. Current production costs
  4. Future labor costs

Questions & Step-by-Step Solutions

Which of the following costs is considered a sunk cost?
  • Step 1: Understand what a sunk cost is. A sunk cost is a cost that has already been spent and cannot be recovered.
  • Step 2: Identify examples of sunk costs. These can include things like money spent on research and development, marketing expenses, or any other costs that have already been paid.
  • Step 3: Recognize that sunk costs should not influence future decisions because they cannot be changed or recovered.
No concepts available.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks